JSW Group firm JSW Infrastructure is looking to raise up to Rs 2,800 crore through the Initial Public Offering (IPO) route, sources said. The company has filled the draft red herring prospectus (DRHP) with capital market regulator Securities and Exchange Board of India (SEBI) in this regard. “JSW Infrastructure has filed DRHP to raise up […]
Indian benchmark indices are likely to open in red on weekly F&O expiry, hinted SGX Nifty. Ahead of the session, Nifty futures traded 93 pts or 0.53% lower at 17606 level on the Singapore Exchange. In the previous session, BSE Sensex closed with 158 points or 0.27% gains at 59,708, while NSE Nifty 50 fell […]
Asian equities rose on Friday as investors looked to end the year on an optimistic note after U.S. data showed the Federal Reserve‘s aggressive monetary policy was dampening inflationary pressures even as worries over COVID cases in China persist. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.71% and was set to end December […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Monday despite negative global cues, while the silver rate is up 0.2%. On Multi Commodity Exchange, gold February futures were trading at Rs 55,140 per 10 grams, up Rs 123 or 0.22%. Silver March futures were trading up by Rs […]
Shares of Adani Enterprises jumped 14.2% on Tuesday to Rs 1,364 apiece, with the group adding Rs 30,043 crore to market capitalisation on Tuesday. Eight out of 10 Adani group stocks gained in Tuesday’s session, with Adani Total Gas and Adani Transmission the only stocks to be locked in the lower circuit of 5%. Deven […]
A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the “artificial crashing” of the Adani Group‘s stock value in the market. Hindenburg engages in activist short selling, which […]
Indian benchmark indices are likely to snap their five day losing streak to open in the green, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading higher, up by more than 30 points, at the 17,011 level. On Wednesday, markets extended losses for a fifth session, pulled down by negative global cues and […]
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Domestic indices recovered losses on Friday and closed in the green territory. The BSE Sensex closed above 60,200 and the NSE Nifty 50 after moving in the range of 17,774.25 and 17,999.35 settled above 17950. The top gainers of the BSE Sensex were Tata Steel (up 2.03%), IndusInd Bank (up 2%), Infosys (up 1.55%), UltraTech […]
RIL’s foray into financial services with Jio-FS will open opportunity to RIL’s entry into the financial services industry with Jio-FS will create opportunities for the company to compete in India’s consumer and commercial loan markets, as well as the non-banking financial sector. However, it may take up to six months for the demerger and listing […]
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